Binance is running a promotion where new users can receive a subsidy of up to 200 USDT to cover potential losses from their first Bitcoin trade. Here's how you can participate:
Opt-in to the campaign: Click the "Register Now" button to sign up for the promotion.
Make your first Bitcoin trade: You can trade $USDT for $BTC using Convert or use the BTC/USDT spot trading pair to create a purchase order for Bitcoin.
Hold your Bitcoin: To be eligible for the subsidy, ensure that you are holding an amount of BTC equal to or greater than your first trade by the end of the promotional period.
Make sure to follow the campaign steps to take advantage of this offer!
How to Withdraw Money Directly to Your Bank Using Binance?
1. Withdraw Via “Send Cash” (Direct Bank Transfer Through Binance)
This method allows you to send crypto like USDT to your local bank account using Binance’s internal payment services. Steps: 1. Open your Binance app. 2. Go to the “More” section from the homepage. 3. Under the “Finance” or “#pay ” section, choose “Send Cash” (available in some regions like Africa, Southeast Asia, etc.). 4. Select your local currency and bank destination. 5. Enter the amount you want to receive in your local currency. Binance will automatically show you: How much USDT you need to send to receive that amount. The exchange rate and fee (if any). 6. Confirm and send the required USDT. 7. Binance will process the fiat withdrawal to your bank account, often within a few minutes to hours. This is a convenient and fairly quick method if Binance supports fiat services in your country. 2. Withdraw via #P2P (Peer-to-Peer) Selling
This method involves selling your USDT directly to another Binance user in exchange for your local currency, which they transfer directly to your bank account or mobile money. Steps: 1. Open the Binance app and tap on “P2P” (found under the “Trade” tab). 2. Select “#sell ”, then choose #USDT . 3. Set the currency to your local fiat (e.g., #GBP for United Kingdom). 4. Browse through offers and pick a competitive rate with a trusted buyer (check their completion rate and reviews). 5. Enter the amount of USDT you want to sell and confirm the order. 6. Share your bank or payment details with the buyer (as required). 7. Once they send the money to your account, confirm you’ve received the payment. 8. Then, release the #USDT to complete the transaction. #P2P allows more control over pricing, but you must be cautious and verify payment before releasing crypto. If you need further guidance, I will post the basic must-know information about Binance. Follow me
Verified creators and influencers can apply to share crypto-related content and earns up to 30% commision trade fee.
Contents are shown to users based on their interests, coins they follow, or topics they engage with.
Some Feed creators can get paid or incentivized based on engagement, though this depends on Binance’s internal programs.
2. Binance Square
Binance Square is the rebranded name for Binance Feed as part of a larger shift toward community engagement.
Why the Name Change?: Binance recently renamed “Feed” to “Square” to make it feel more like a social hub (similar to Twitter’s “town square” concept).
Same content and creator structure as Binance Feed, but with improved community tools like comments, reposts, polls, etc.
So essentially, they are the same platform, but Binance Square is the new, improved version of Binance Feed. If you’re trying to become a content creator, it’s now referred to as Binance Square Creator.